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Dec 30, 2024
China urges local governments to give cash handouts for New Year
China’s central government said it will offer handouts to people struggling with the cost of living and vowed more benefits for some unemployed people ahead of a key national holiday, Xinhua News Agency reported, citing a notice from the Ministry of Civil Affairs.
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Dec 30, 2024
ECB’s Holzmann: Next ECB rate cut could be longer in coming
The European Central Bank (ECB) Governing Council member Robert Holzmann said on Saturday that the next interest rate cut by the ECB could be longer in coming after a recent uptick in inflation, per Reuters.
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